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aprilm41
Level 1

Adding funds and a location to a deposit

Hello all,

    When I add funds to a deposit...for example,  I deposit payments from paypal.  The locations for this are already inputted into the invoice so it shows on my P&L by location report.  My issue comes when I do a paypal deposit I substract out the fees in the add funds to this deposit section.  I need to be able to track the location for this.  It's only one location.  My client does not want to see a non-specified location.

Any help would be great!

Thanks,

April

1 Comment 1
Angelyn_T
QuickBooks Team

Adding funds and a location to a deposit

Hi there, April.

 

Allow me to share with you some information about recording bank deposits and fees in QuickBooks Online (QBO).

 

The system allows you to track the location of your sales transactions like invoices and sales receipts. Bank deposit can't have the location field assigned since it is considered a company-wide transaction.

 

For now, you can modify the invoice transaction and input the fee from there. This way, the QBO will track the location of sales including the fee.

 

  1. Open the invoice transaction.
  2. Add the amount of fee on the next line item.
  3. Input the location.
  4. Save the transaction.

 

If you haven't yet, create an account and a service item to track the fees. You can check out these articles as your guide:

 

 

Aside from invoices and deposits, you can also learn more about handling your sales and other customer entries through this link: Topics about your company's income and customers.

 

If you have any other follow-up questions about location tracking, notify me by adding a comment below. I'm always here to provide additional assistance. Keep safe!

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